A good internal control system would require that the employee who handles cash must not be involved in:
A)Reconciling the bank statement.
B)The accounts payable function.
C)Hiring decisions.

Question

Quizplus · Accepted Answer

To ensure segregation of duties and reduce the risk of fraud or error, the employee handling cash should not be involved in reconciling the bank statement, as this could allow them to cover up discrepancies or misappropriations.

A Good Internal Control System Would Require That the Employee